Almost all Fed officials preferred to maintain rates
Federal Reserve policymakers debated interest rate decisions last month, with some dissenting against holding rates steady due to concerns about a weakening job market. Subsequent labor data validated these concerns, showing fewer jobs created and a rise in unemployment. However, recent inflation data has complicated the outlook, leading to ongoing discussions about tariffs’ impact and […]
Big investors ditch tech ahead of expected September stocks slump
Big investors, fearful of September’s typical seasonal declines, exited profitable stock positions on Tuesday, according to investors and trading company research, a sign the selloff in tech may be driven by a broad aversion to risk.
Turnaround Story: 9 stocks shift from loss to profit in June ’25 quarter YoY
In the June 2025 quarter, nine Nifty500 stocks reported net profits versus losses a year ago, marking a sharp turnaround. Companies including Adani Energy Solutions, One97 Communications and others posted significant recoveries.
China considering yuan-backed stablecoins to boost global currency usage, sources say
China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency globally, sources familiar with the matter said, in a major reversal of its stance towards digital assets.
Gold drops Rs 400 to Rs 1,00,020/10 g, silver plunges Rs 1,500
Gold prices dropped Rs 400 to Rs 1,00,020 per 10 grams in the national capital on Wednesday due to continuous selling by stockists, according to the All India Sarafa Association.
Sebi allows Sanjiv Bhasin to trade again after Rs 1 crore deposit following SAT order
Sebi has de-frozen Sanjiv Bhasin’s trading and demat accounts after he deposited Rs 1 crore, complying with SAT’s directive. The former IIFL director remains under investigation for alleged stock manipulation involving profit-making trades before media recommendations. In the appeal filed before SAT, Bhasin said that the maximum profit alleged to have been made is Rs […]
Make telecom stocks part of core portfolio; digital commerce, insurance other favourites: Rajesh Bhatia
Rajesh Bhatia of ITI MF advocates for including telecom stocks in core portfolios, highlighting tariff increases and growing free cash flow. He also favours digital economy companies like PB Fintech and Zomato, citing their rapid growth and potential profitability. Bhatia expresses less optimism about oil and gas, preferring sectors with predictable growth.
Real money gaming bill will not derail Nazara’s growth path: Nitish Mittersain
Nitish Mittersain of Nazara Tech clarifies the online gaming rules impact. He states PokerBaazi stake doesn’t affect consolidated revenue. A past PAT loss of ₹20-25 crore from Moonshine is noted. Future investments are under evaluation pending bill details. Existing investments in PokerBaazi might face write-offs. Nazara is well-capitalized with ₹800 crore cash.
Nifty may see short-term upside, but volatility not over yet: Rohit Srivastava
Rohit Srivastava suggests the market has improved since April, with weaker stocks shaken out, but warns of potential consolidation or a further dip before a full recovery. He anticipates a longer-term bull run post-September, projecting significant growth over the next 18 months to two years, potentially reaching Nifty levels of 30,000-35,000.
Reliance Infrastructure, Reliance Power shares rally over 10% in 2 days. Here’s what moved the Anil Ambani stocks
Reliance Infrastructure and Reliance Power shares surged over 10% in two days after project wins boosted sentiment. Reliance Infra bagged an NHPC solar-plus-BESS project, while Reliance Power entered a Bhutan JV, strengthening their clean energy pipeline to over 3 GW solar and 3.5 GWh storage.